Essence Magazine:
By Rayna Reid Rayford ·Updated August 31, 2023
A proposed settlement has been announced by the U.S. Department of Justice (DOJ) and Coinsville-based American Bank of Oklahoma (ABOK) over “claims that the bank discriminated in lending to Black and Hispanic people in the Tulsa area.”
According to the DOJ, the northeastern Oklahoma bank was utilizing redlining policies in Tulsa area majority-Black and Hispanic neighborhoods, which distressingly included the area where the
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